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Concerns rising as U.S. oil reserves decline
While still elevated, oil prices have dipped slightly, well off the high-water mark we saw back in April. Patrick DeHaan, the senior petroleum analyst with Gasbuddy.com, says there are several things helping oil prices. Oil prices are also being helped by China, which, over the past couple of months, reduced its import consumption dramatically, falling from 11 million barrels of oil a day before the war to a little over nine million barrels in April. DeHaan added that those numbers could drop...
Iowa’s official America250 tree planted on Arbor Day at the Iowa State Fairgrounds
Iowa Secretary of Agriculture Mike Naig and other state leaders gathered at the Iowa State Fairgrounds today to plant Iowa’s official America250 tree. The event is part of a year-long, statewide initiative celebrating the nation’s 250th birthday and honoring Iowa’s...
Rising prices impacting consumer choices
A recent survey about consumer buying trends shows that rising prices are affecting consumer’s choices when purchasing food. The survey was conducted by the Stratovation Group in partnership with food and agriculture communications agency Inspire. Kenny Kuhn is...
Tree planting connects youth to America 250
A tree planting at the Iowa State Fairgrounds is one of many events planned this year as part of the America 250 celebration, marking the nation’s 250th birthday. Iowa Agriculture Secretary Mike Naig, who also serves as vice chair of Iowa’s America 250 commission,...
U.S. Export Sales Report (4-23-26)
This week’s export sales were better than what we’ve seen recently, but it was otherwise a muted report. Allendale commodity broker Greg McBride said the corn sales were strong once again. While the soybeans sales weren’t outstanding, McBride said they were above the...
Input costs aren’t dropping alongside inflation
General inflation has cooled off from the high points in recent years, but input costs are not following suit. Dr. Michael Langemeier is the director of Purdue’s Center for Commercial Agriculture, and he said farm input prices don’t always follow inflation up or down....
Funding now available through the Specialty Crop Research Initiative
Funding is now available for research and development in specialty crop agriculture through a USDA support program. National Institute of Food and Agriculture Associate Director Rachel Melnick says there is more funding available compared to last year. Melnick...
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DOJ confirms probe into beef processors
The U.S. Department of Justice has launched an antitrust investigation into the nation’s beef processing industry, raising concerns about market concentration and its impact on cattle producers. Acting Attorney General Todd Blanche said officials are examining whether...
Ernst builds on USDA food safety center announcement
Following up on last week’s announcement from the U.S. Department of Agriculture about establishing a National Food Safety Center in Iowa, more details are emerging about what that move means for the state and the broader ag industry. The USDA’s Food Safety and...
Inspiring consumers to add more pork to their diets
The National Pork Board’s Retail Advisory Committee (RAC) meeting serves as a direct, industry-focused platform to connect retail leaders with key insights into the organization’s consumer campaigns and third-party consumer research. Neal Hull, NPB’s director of state...
U.S. beef has great new opportunities in the UK marketplace
U.S. beef recently regained duty-free access to the United Kingdom under a 13,000 metric ton quota included in the trade framework reached by the Trump administration last year. The quota provides the first zero-duty access to the UK since its exit from the European...
Examining the factors currently influencing the grain markets
Geopolitics, trade, and weather are all making an impact on the grain markets in recent weeks and that trend looks to continue as the calendar turns to May. Commodity broker Greg McBride of Allendale says that the upcoming meeting between President Trump and Xi...
